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The market is warm, and the Shanghai copper futures price has rebounded significantly
Time of Update: 2022-12-26
Hopes of China's stimulus measures were bolstered, confidence was encouraged, and falling exchange inventories and soaring energy prices limiting supply all supported copper prices to the upside, with intraday futures rebounding significantly.
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August 17 Lun aluminum afternoon review
Time of Update: 2022-12-25
Lun aluminumOil prices weakened to a half-year low, on the one hand, affected by the risk of recession in the economy, on the other hand, Iran's crude oil exports will be allowed, overnight aluminum sideways volatility, continue to close the black line, the latest closing quotation of 2397 US dollars / ton, slightly down 7 US dollars, down 0.
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August 22 Lun aluminum afternoon review
Time of Update: 2022-12-25
Lun aluminumThe dollar remained strong, hitting a five-week high on Friday and recording its biggest weekly gain since April 2020, mainly due to the Federal Reserve's continued interest rate hikes to fight inflation, thereby continuing to suppress nonferrous metals, and the next week Lun aluminum volatility weakened, the latest closing quotation of 2394 US dollars / ton, closed down 11 US dollars, or 0.
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July 8 aluminum market noon comment
Time of Update: 2022-12-25
Aluminum CityCrude oil rose sharply overnight, and Lun aluminum opened high and rose nearly 2% to close in Zhongyang, opening slightly higher at $2458 today.
Crude oil rose sharply overnight, and Lun aluminum opened high and rose nearly 2% to close in Zhongyang, opening slightly higher at $2458 today.
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Shanghai aluminum trend is strong, short-term still needs to be cautious
Time of Update: 2022-12-25
Today's London aluminum high fluctuated in a narrow range, and the LME was reported at $2457 / ton at 15:01 Beijing time for three months, up $31, or 1.
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April 25 Shanghai aluminum afternoon comment
Time of Update: 2022-12-25
Shanghai aluminumOn the macro front, the dollar index performed strongly throughout the week last week, standing above the 101 mark, supported by the hawkish attitude of the Federal Reserve and the dovish attitude of non-US countries, and the dollar is expected to continue to remain strong.
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February 25 Lun aluminum noon review
Time of Update: 2022-12-24
Geopolitical risk escalation, boosting aluminum prices upward, Lun aluminum updated a new record high, overnight Lun aluminum high volatility, the latest closing quotation of 3365 US dollars / ton, closed up 71 US dollars, an increase of 2.
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The short-term volatility of aluminum prices is more likely to be strong
Time of Update: 2022-12-24
Shanghai aluminumOn the macro front, market expectations for the Fed's interest rate hike are still rising last week, the dollar remains strong, the dollar index continues to rise to around 98.
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Brief review of the aluminum market on February 15
Time of Update: 2022-12-24
The current overseas focus is undoubtedly still on the contradiction between Russia and Ukraine, as the intensity of the confrontation further escalates, market concerns are gradually deepening, and if there is a substantial conflict in the future, it may lead to sanctions against Rusal, and the support below the aluminum price will gradually strengthen under the expectation of strengthening the global supply shortage.
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January 7 Lun aluminum afternoon review
Time of Update: 2022-12-24
Lun aluminumSupported by the surge in costs and supply disturbances, Lun aluminum rose overnight, the latest closing quotation of 2930 US dollars / ton, closed up 18 US dollars, or 0.
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January 20 aluminum market brief commentary
Time of Update: 2022-12-24
At present, the resumption of electrolytic aluminum production capacity continues to increase, but superimposed on the winter due to environmental protection and the production restrictions of the Winter Olympics, the overall supply of electrolytic aluminum is not relaxed.
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March 2 copper market morning review
Time of Update: 2022-12-24
As Russia as a major resource exporter or isolated from the overseas metal trade chain, the market is expected to have a large number of resources transferred to the country, the metal external strength and internal weakness situation significantly intensified, domestic copper and aluminum night trading rise is not as good as overseas, Shanghai copper futures main contract Cu2204 closed at 71670 yuan / ton, up 1.
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The general consolidation trend continued the rapid rebound of Shanghai aluminum short-term
Time of Update: 2022-12-23
Shanghai aluminumOn the macro front, the Fed's accelerated tapering boots landed, and short-term risk sentiment ushered in a recovery after the profit shortfall was exhausted.
Shanghai aluminumOn the macro front, the Fed's accelerated tapering boots landed, and short-term risk sentiment ushered in a recovery after the profit shortfall was exhausted.
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The scale of production cuts continues to expand, and Shanghai aluminum may still be boosted
Time of Update: 2022-12-23
Aluminum prices are basically stable during the day, spot stocks are stable and strong, holders are waiting for large households to enter the market, the premium is reported at an average price, and some large traders continue to actively receive goods for the last few days of the month, and the transaction is better.
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July 16 aluminum market morning review
Time of Update: 2022-12-22
The RRR reduction stimulated risk appetite, the domestic night metal rose across the board, and the aluminum market was more affected by supply interference, with the Shanghai main aluminum 2108 contract reaching a maximum of 19,605 yuan / ton, a new high since the end of May. It finally closed at 19470 yuan / ton.